Regional banks

A tempered forecast overshadowed solid second-quarter results at the North Carolina regional bank.

The Cleveland company reported higher investment banking income and kept many expense items in check during the second quarter.

The Mississippi company said it has recorded most of the expected charge-offs tied to the last severe decline in oil prices.

Comerica faced aggressive questioning Tuesday about how it could use freed-up capital now that it’s no longer considered a systemically important financial institution. It won’t be the last small regional to get such a grilling this earnings season.

The Los Angeles company's second-quarter profit also benefited from last fall's purchase of CU Bancorp.

One-time items included $43.2 million of second-quarter expenses related to the Capital Bank acquisition, but First Horizon executives forecast sizable savings from the deal.

The Pittsburgh regional detailed plans to enter a number of new markets with its digital bank and carefully chosen branch openings.

PNC revealed the plan as part of its report of strong second-quarter results, and CEO Bill Demchak said it is an example of the regional bank's growth-oriented investments.

It will be the third collaboration together for the new CEO and CTO at Pivotus Ventures.

After the Cincinnati bank started a personal assistant service for new mothers, it learned new parents needed help with budgeting, and that motivated it to team up with a Goldman Sachs firm to establish a financial wellness program for all its employees.